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REFILE-China's Chery seeks to be 'Toyota plus Tesla' as it targets global expansion

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Chery, China's largest car exporter, is taking inspiration from ?two ?very different automakers – Toyota and Tesla – as it pursues expansion in Europe and beyond, its top executive told Reuters. Chery is considering adding production capacity in Barcelona, Spain, where it has a joint venture. It is also looking for more opportunities to share production facilities with European car companies, Chairman ?Yin Tongyue said in an interview on Monday.Established in 1997 on the banks of the Yangtze River, Chery's first car rolled off the assembly line in 1999. It was originally known as Cheery and billed itself as a…

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